Martha Firestone Ford is an American entrepreneur who inherited the riches and legacy of two of the most influential families in American history: the Fords and the Firestones. She is the former owner and chairperson of the Detroit Lions, one of the NFL’s oldest and most valuable franchises. So, scroll down for more details.
How Much is Martha Firestone Ford’s Net Worth?
Martha Firestone Ford’s net worth is estimated to be 800 million dollars based on our research. Martha Firestone Ford is a former owner and head coach of the Detroit Lions. On September 16, 1925, she was born. She purchased the team in 1964 for $4.5 million, and its value had climbed to $3.05 billion by 2022.
Early Life and Education
Martha Firestone was born in Cleveland, Ohio, on September 16, 1925. Her parents are Harvey S. Firestone Jr. and Elizabeth Parke Firestone.
Harvey Samuel Firestone and Idabelle Smith Firestone, the founders of Firestone Tire and Rubber Co., one of the world’s largest tire producers, are her paternal grandparents. John F. Parke, a notable banker and philanthropist, is her maternal grandfather.
She earned a bachelor’s degree in art history from Vassar College in 1946. She was also involved with several social and charitable groups, including the Junior League and the Red Cross.
Marriage and Family
In 1945, Martha Firestone met her future husband, William Clay Ford, the grandson of Henry Ford, the founder of Ford Motor Company, at a lunch arranged by their mothers in New York. On June 21, 1947, they married at St. Paul’s Episcopal Church in Akron, Ohio.
The wedding was a splendid ceremony that drew national notice and media attention. J. Edgar Hoover, John S. Knight, and Mina Miller Edison all presented the marriage with gifts.
The Fords reared four children in Grosse Pointe, Michigan: Martha Parke Morse, Sheila Firestone Hamp, William Clay Ford Jr., and Elizabeth Ford Kontulis.They were also involved in several civic and cultural organizations, including the Detroit Institute of Arts, the Detroit Symphony Orchestra, and the Henry Ford Museum.
How Old is Martha Firestone Ford?
Martha Firestone Ford was born on September 16, 1925, and she is currently 98 years old. Despite her late age, Martha Ford has demonstrated endurance and dedication throughout her life, most notably as the owner of the Detroit Lions.
Professional Sports
Martha Firestone Ford took over as owner and chairperson of the Detroit Lions in 2014, following the death of her husband, who had purchased the team for $4.5 million in 1963.
She took over a squad that had been suffering for decades, with only one playoff triumph since 1957. She made many changes to the team’s administration and coaching staff in the hopes of improving its performance and culture. She also backed the team’s attempts to improve community participation and social justice activities.
She was one of the ten women who owned NFL teams at the end of her tenure, along with Virginia Halas McCaskey (Chicago Bears), Kim Pegula (Buffalo Bills), Carol Davis (Las Vegas Raiders), Dee Haslam (Cleveland Browns), Amy Adams Strunk (Tennessee Titans), Gayle Benson (New Orleans Saints), Janice McNair (Houston Texans), Denise DeBartolo York (San Francisco 49ers), and Jody Allen (Seattle Seahawks).
She relinquished ownership of the Lions to her daughter, Sheila Ford Hamp, in 2020. She is still on the board of the Henry Ford Health System, a nonprofit healthcare organization linked with Ford Motor Company.
Conclusion
Martha Firestone Ford is a remarkable woman who has lived a life of privilege and responsibility. She is the heiress of two industrial empires that shaped the American economy and society. She is also a philanthropist who has contributed to various causes and institutions.
She is a trailblazer who has led one of the most prestigious and historic teams in the NFL. She is a mother, grandmother, and great-grandmother who has nurtured a large and successful family. She is, in short, a living legend.
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